Having actually benefited from the largest lowering of the financial bar - in terms of qualifying for home loans - certain low-income groups have found in the demographics a reason to pretend it's racism that they have failed to make their payments and/or the due-diligence required to refinance or understand what they had entered into contractually.
We know that there is no white t-shirt, musclebound, gold earring guy who jumps out of the Mr.Clean bottle That's marketing.
It should be clear that a $250,000 home will never give you equity at the rate of $250 a month. Let alone ever get paid for. It was never a secret that these payments would jump after an introductory period. It was on news, talk shows, T.V., radio, print, web, etc.
What part of "interest only" makes you think that is an arrangement one should relax with?
Now suddenly the Rev.Suckup inflames people into thinking they're being targeted because they are black. Democrats would freeze rates for years thereby putting th

Democrats are appealing to the same lapses (or lack) of intelligence that got many of the folks who got in trouble responding to the "easy-in" home loan campaigns.
They are now convincing them there was no responsibility on their part and that they are victims. Therefore they are promising to "help you" against the "robbers" who got you into this predicament by making available to you the dream of home ownership even if you were NOT a good risk.
Shouldn't that make you a bit SKEPTICAL???
They are actually maintaining the SAME charade the lenders played out.Pretending you actually qualified and deserved the loan. Now that you've proven that untrue, Dems. are trying keep the lie alive by saying you are being shafted with foreclosure.